The Premier League has reached an agreement in principle on a new spending cap for all teams as the English top flight looks to replace the current Profitability and Sustainability Rules (PSR).
Set to be installed from the 2025/26 season onwards once fully ratified, revised spending limits will placed on teams in the first division, the number for which will be calculated in relation to a multiple of the money earned in prize money and TV rights by the lowest-earning club in the Premier League.
If approved at the AGM (annual general meeting) this June, the new model will replace the existing PSR system under which multiple clubs have broken FFP and been charged with other breaches over recent years, with Everton and Nottingham Forest having already been deducted points this season.
Although 16 of the 20 Premier League clubs reportedly agreed to the newly proposed regulations, four clubs were not in favour, with Manchester City, Man United and Aston Villa all said to have voted against the decision, while Chelsea chose to abstain.
BREAKING: Premier League clubs have agreed in principle to a form of cap on squad spending ahead of regulations being formulated, Sky News understands.
The proposed spending cap wouldn’t come into effect until the 2025/26 Premier League season.
The new max-spending model is being referred to as ‘anchoring’ or ‘tethering’, which will take into account total amounts spent on buying players, weekly wages, agents’ fees and more.
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If successful following a final vote in June and brought through the season after next, the aim is to curb the increasing financial gap between the top and bottom of the table by preventing things like big sponsorships which may otherwise see clubs assert massive spending power during transfer windows.
According to the Independent, cost controls will now “limit club expenditure on salaries, signing and fees to 85 per cent of total revenue” for those not competing in European competitions.
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This comes after Premier League teams previously the latest UEFA rules that will see those playing in the likes of the Champions, Europa and Conference League only allowed to spend 70% of that revenue, given the added financial uplift from qualifying for these tournaments.
While 16 yeas were enough to see the initial vote move forward, it will only require 14 out of 20 clubs to agree to the rule change in June for the motion to be fully passed.
A Professional Footballers’ Association (PFA) spokesperson said: “We will obviously wait to see further details of these specific proposals, but we have always been clear that we would oppose any measure that would place a ‘hard’ cap on player wages.
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“There is an established process in place to ensure that proposals like this, which would directly impact our members, have to be properly consulted on.”
Featured Images — SonoGrazy (via Wikimedia Commons)
Sport
Manchester Storm have already set a new record before they’ve even returned ‘home’
Danny Jones
Manchester Storm have already broken a record ahead of next season, and they’ve done it before they’ve even made it back to their original stadium.
Just goes to show that the ice hockey following here in Greater Manchester hasn’t gone anywhere.
Following the news that Manchester Storm will be returning to the city centre for the 2026/27 campaign, they’ve had a flood of interest from both new and old fans.
With that in mind, it didn’t take long for the native team to reveal that they have already set a new record for season ticket sales just a few weeks on from the announcement.
Sharing an update on social media, they write: “Manchester Storm supporters have delivered incredible demand for 2026/27 Season Tickets, with the club recording its highest-ever sales within the first week and the strongest total in its modern history.
“Thank you, Manchester, for your amazing support.”
Crediting ticketing partner StubHero for helping deliver “a smooth experience during this period of exceptional demand” for followers of the local outfit, they’re even set to give away the next milestone season ticket away completely FREE as part of the ‘homecoming’ celebrations.
Writing further in an official statement, they went on to add: “The move back to the AO Arena represents far more than just a change of venue or a return home…
“It marks the beginning of an ambitious new chapter for the club, built around bigger crowds, bigger occasions, and an unforgettable gameday experience in one of the UK’s premier entertainment venues.
Speaking in an interview with internal media, CEO and owner Emma Finnerty said that they’re not just aiming to grow their reputation in Britain: “Our vision is to become the biggest club in Europe.
“When you think of Manchester, you think of Manchester United and Manchester City – and then hopefully we’ll come third after them.”
While the former ‘Storm Shelter’ stadium at Planet Ice Altrincham only held a maximum of 2,500 spectators, serving them more than faithfully over the past decade or so, the AO Arena can literally hold almost ten times that amount. Here’s hoping they get close to full week in and week out.
As hockey fandom continues to grow across the UK, it feels like a better time than ever for supporters to get involved with the sport – and, as ever, they’re keen to get people as involved as possible.
Featured Images — The Manc Group/Publicity pictures (via Manchester Storm)
Sport
Manchester United and Lionesses star Ella Toone is now officially an MBE
Danny Jones
Man United Women and Lionesses star Ella Toone is now officially an MBE after collecting the award this week.
The Greater Mancunian has grown to become one of the most influential female players of the modern era, and now her impact has been immortalised by the monarchy.
Being recognised for services to the discipline on Tuesday, 19 May, the local athlete finally collected her accolade at Windsor Castle.
Presented to her by Prince William, the Tyldesley-born attacker said in a statement: “It’s been amazing. It’s a bit of a pinch-me moment to be here and be honoured with an MBE.
“I never thought when I started out playing football I’d now be called Ella Toone MBE, so it’s a bit crazy.”
Having suffered a tough time out with injury, the 26-year-old also insists she is now back feeling “better and stronger than ever.”
With Sarina Wiegman’s official squad selection for the qualifiers ahead of FIFA’s 2027 Women’s World Cup in Brazil, she’s also looking forward to reuniting with her England teammates.
Here she is talking to Sky ahead of the games, not long after receiving the award:
"I've missed it so much, can't wait to be back with the girls" 🏴
Ella Toone is looking forward to meeting up with her England teammates next month for World Cup qualifiers against Spain and Ukraine. pic.twitter.com/K02nJbSkE0
Speaking back in December, she confessed that it’s all been “a bit mad” for her ever since she learned of the news, but her worthiness speaks for itself.
Winning not only back-to-back Euros titles with the national side, along with the first-ever UEFA Women’s Finalissima trophy in 2023, but also inspiring young kids dreaming of becoming footballers across the country and beyond.
Congratulations once again, ‘Tooney’ – beyond well-deserved.
Across the city, it’s great to see yet more groundbreaking investment in the women’s game being made for generations to come.
Danny Jones -
29th April 2024 
